Daily Pivots: (S1) 1.2096; (P) 1.2152; (R1) 1.2203; More… GBP/USD is staying in range below 1.2292 and intraday bias remains neutral first. Further rise could be seen as long as 1.2062 minor support holds. Above 1.2292 will target 1.2405 resistance first. Firm break there will target 1.2666 key resistance next. On the downside, however, break […]
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AUD/USD retreated after edging higher to 0.6511 last week, but downside is contained above 0.6364 support so far. Initial bias stays neutral this week first. On the upside, break of 0.6511 will resume the rally Read more…
USD/CAD’s extended recovery last week indicates short term bottoming at 1.3749. Initial bias stays on the upside this week for 55 D EMA (now at 1.4053). Break there will target 1.4150 cluster resistance (38.2% retracement Read more…